Is Hampshire, TN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hampshire is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Hampshire was a Seller's Market.

Key Takeaway

Hampshire is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Hampshire, TN

How much do homes in Hampshire, TN cost?

Median Sold Price

$580,000

$180/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

-$169,900(-22.7%)

Key Takeaway

Homes in Hampshire have sold for 22.7% less than they did a month ago.

Summary: The median home sold price in Hampshire was $580,000 in April 2024, down 22.7% from last month, and the median price per square foot was $180.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 $749.9K$580K
-22.7%
4 --
N/A
5+ --
N/A

Summary: Hampshire housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 22.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Hampshire, TN

How many homes are available in Hampshire, TN?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
56+20.0%

Summary: The Hampshire real estate market had 6 homes for sale in April 2024, a 20.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 44
0.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Hampshire housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hampshire, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Hampshire in April 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Hampshire, TN

How long does it take to sell a home in Hampshire, TN?

Average Sale Time

Mar 2024Apr 2024CHANGE
249 Days2 Days-99.2%

Summary: Homes in Hampshire had an average of 2 days on market in Apr 2024, down by 99.2% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Hampshire are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 1 homes were sold in Hampshire; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 10 Days Ago

Newest Listings in Hampshire, TN

Nearby Markets to Hampshire, TN

What housing markets are near Hampshire, TN?